The funding round values the company at more than $1 billion. Sprinklr has raised $123.5 million to date.
thePlatform enables Savtira to quickly create custom eStore video players.
TAMPA, Fla. (September 12, 2011) – Savtira Corporation, a new provider of B2B Cloud Commerce solutions, today announced the company has selected thePlatform, the leading white-label video publishing company, to provide the video player and back-end video management for integration into Savtira’s Cloud Commerce platform. thePlatform currently provides online video management services to numerous programmers, leading media companies, and five of the top cable TV service providers in North America, including the largest “TV Everywhere” deployments.
Savtira’s Software-as-a-Service (SaaS) eStores are branded and custom-tailored for business partners with extra features and services offered on an à la carte basis. Savtira-powered stores are designed to meet the specific needs of retail partners, and no two eStores are alike. The company is focused on enabling consumers to easily access and enjoy high-quality movies and television content across a broad range of browsers and devices.
thePlatform enables Savtira to quickly create custom eStore video players for delivering broadband and mobile video to eStore consumers on a commerce video player with cloud based controls, allowing consumers to access their cloudDVR from any device. Savtira eStores are able to provide their customers with effortless access to enjoy linear-based TV and video-on-demand over the Internet on Smart devices, Smart TV, and the Web. Behind the scenes, thePlatform provides Savtira with a unified system for aggregating both linear and on-demand video from various content sources, formatting video content to different device specifications and centrally managing and publishing this content for multiple purposes. Furthermore, thePlatform’s solution will allow Savtira to continue to innovate its Cloud Commerce platform over time as new business models, devices and consumer experiences evolve.
“Our primary focus for the Savtira Cloud Commerce platform is to provide a seamless experience for our eStore clients’ customers,” said Timothy Roberts, CEO of Savtira Corporation. “We turned to thePlatform because of their success in deploying, managing and driving views to many of the largest video portals on the Web, the scalability of their solution, and their experience managing multiple devices, codecs and DRM. As we continue to grow our B2B2C Cloud Commerce platform and Cloud Streaming Entertainment Distribution Network, we see thePlatform as a long-term ally in this effort.”
“It’s really exciting to see the final frontier of the Internet emerging with this new Global Platform, which allows cable operators to shed the wire, allow access from any device, and expand worldwide.”
“Savtira aims to bring their subscribers a vast library of premium video into a unified customer experience,” said Marty Roberts, vice president of sales and marketing at thePlatform. “We are very proud to have been selected to provide the video player and back-end logistics necessary to provide premium quality video streaming to Savtira clients and their customers.”
About Savtira Corporation
Based in Tampa, Florida, Savtira is in the business of Digital Distribution with a Software-as-a-Service (SaaS) e-commerce platform that is a turnkey system for the distribution, marketing, merchandising, and selling of both digital media and physical goods in a single store and a single, unified shopping cart. Savtira-powered stores are designed to meet the specific needs of retail partners so no two eStores are alike. All Savtira eStores are branded and custom-tailored for our partners. Extra features and services are offered on an à la carte basis. Savtira’s Carrier-Class “Entertainment Distribution Network” (EDN) streams all digital media from the cloud with a feature set that eclipses anything on the market. For more information on Savtira, visit: www.Savtira.com or call 813.402.0123. Follow us on Twitter at: http://twitter.com/savtira.